Asset Allocation

As of September 30, 2025.
Type % Net
Cash 0.29%
Stock 0.23%
Bond 95.38%
Convertible 0.00%
Preferred 0.00%
Other 4.09%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 0.41%
Corporate 92.50%
Securitized 0.00%
Municipal 0.00%
Other 7.08%
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Region Exposure

% Developed Markets: 93.88%    % Emerging Markets: 0.00%    % Unidentified Markets: 6.12%

Americas 80.01%
78.50%
Canada 6.43%
United States 72.07%
1.51%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 12.15%
United Kingdom 1.46%
10.69%
France 2.27%
Germany 0.70%
Ireland 0.74%
Netherlands 0.34%
Spain 0.75%
Switzerland 1.88%
0.00%
0.00%
Greater Asia 1.72%
Japan 0.00%
1.72%
Australia 1.72%
0.00%
0.00%
Unidentified Region 6.12%

Bond Credit Quality Exposure

AAA 0.00%
AA 0.14%
A 0.00%
BBB 14.40%
BB 35.13%
B 34.61%
Below B 14.51%
    CCC 13.24%
    CC 0.00%
    C 0.07%
    DDD 0.00%
    DD 0.00%
    D 1.20%
Not Rated 0.39%
Not Available 0.81%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
3.90%
Less than 1 Year
3.90%
Intermediate
79.47%
1 to 3 Years
15.15%
3 to 5 Years
37.56%
5 to 10 Years
26.76%
Long Term
12.48%
10 to 20 Years
0.27%
20 to 30 Years
9.90%
Over 30 Years
2.31%
Other
4.15%
As of September 30, 2025
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